Starting a new business is exciting! And while most people focus in on the immediate needs of starting a business, one thing all business owners should think about is how to build a business they can sell. Let’s look at four essential steps to ensuring your business could be sold, should you choose. Create the […]
How to Write a Business Plan – Part I
When it comes to writing a business plan, the first step is figuring out your business model. This post is Part I in a four-part series on how to write a business plan. Today’s focus is crafting your business model. Developing Your Business Model There are a lot of moving parts when it comes to […]
How to Design a Better Business Model
Each week as Smallbizlady, I conduct interviews with small business experts on my weekly Twitter talk show #SmallBizChat. This is excerpted from my #SmallBizChat interview with @SherriGarrity. Sherri is a business strategist who’s determined that no one should have to quit their business to return to a J.O.B. to earn good money! She helps entrepreneurs design business models […]
How to Craft a Killer Business Model
Do you have a solid business model or a glorified hobby? Your business model is how your company operates and makes money. The heart of any business is its offering, but the business model is wrapped around the product or service, completing the picture and generating revenue. Most entrepreneurs come from a skilled background. Many […]